Restaurant Space with Vent
For Sale
Contact for pricing
6730 PINES Road #205, Shreveport, LA 71129
The premises include front and rear parking and are configured for restaurant use.
Property Size21,616 SF
Price / SF$0.29
Days on Market12
Property Features for 6730 PINES Road #205
General Information
Standard status
Active
Size
21,616 SF
Property subtype
Retail
Site & Location
Neighborhood
Fox Crossing
Additional Details
Commercial Hood
Yes
Building Details
Year Built
1960
Listing Agency:
Magnorum Realty Services, LLC
Listed By:
James McDonald
(817) 487-7728
Source:
Magnorumrealty
Added: Oct 19
Changed: Oct 28
Last Checked: Oct 28 at 4:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Magnorum Realty Services, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The restaurant space includes a vent hood and parking areas at both the front and rear of the building. No walk-in cooler or freezer is included. The property was built in 1960 and is located at 6730 Pines Road, Shreveport, Louisiana.
Key Highlights
- Vent hood in place
- Parking available at the front and rear of the building
- No walk‑in cooler or freezer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$240,262
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,805,240
$4.8M
Cap Rate 7%
$3,432,314
$3.4M
Cap Rate 9%
$2,669,578
$2.7M
Market Conditions
NOI Build-Up for 21,616 SF
Gross rent
$337.2K $15.60/SF
− Vacancy
−$16.9K −$0.78/SF
EGI
$320.3K $14.82/SF
− OpEx
−$80.1K −$3.70/SF
NOI
$240.3K $11.11/SF
Area
Shreveport, LA
Vacancy
5.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,805,240
Cap Rate 7%
$3,432,314
Cap Rate 9%
$2,669,578
Alternative Uses
Best Use
Specialty Retail
$3.43M
$3.00M – $4.00M
NOI $240,262 @ 7.0% cap · market cap 3,813.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.56M
$3.99M – $5.32M
NOI $319,363 @ 7.0% cap · market cap 5,069.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
463
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 71129, LA
13,198
Population
6,523
Households
2
Avg Household Size
38
Median Age
23%
College-Educated
91%
High-School Grad
42.7 sq mi
ZIP Area
309
Density / Sq Mi
$50,551
Median Household Income
$38,651
Median Earnings
$918
Median Rent
$182,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Dragon Buffet — 6715 Pines Rd, Shreveport, LA 71129
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The premises include front and rear parking and are configured for restaurant use.
Where is this conventional restaurant located?
The property is located at 6730 PINES Road #205 Shreveport, LA.
What are key features of this property?
This property features: Vent hood in place; Parking available at the front and rear of the building; No walk‑in cooler or freezer
